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For years, Mylan and its business partners have fought fiercely behind the scenes to block a cheaper generic from hitting the market. Chris Glorioso reports. (Published Tuesday, Aug. 30, 2016)

New York's top prosecutor said he is launching an antitrust investigation into the maker of the EpiPen.

Attorney General Eric Schneiderman said Tuesday his office was opening the investigation into Mylan Pharmaceuticals, weeks after the company came under intense public scrutiny for steady increases in the price of the life-saving drug that is administered during anaphylactic allergic reactions.

"If Mylan engaged in anti-competitive business practices, or violated antitrust laws with the intent and effect of limiting lower cost competition, we will hold them accountable," Schneiderman said in a statement. "Allergy sufferers have enough concerns to worry about — the availability of life-saving medical treatment should not be one of them. I will bring the full resources of my office to this critical investigation.”

The inquiry comes after a preliminary review by the Schneiderman's office found that Mylan may have inserted potentially anticompetitive terms into its sales contracts with numerous local school systems.

"No child’s life should be put at risk because a parent, school, or healthcare provider cannot afford a simple, life-saving device because of a drug-maker’s anti-competitive practices," Schneiderman said.

Mylan said that it provided free injectors to more than 65,000 schools under its EpiPen4Schools program, and that at one time, schools that wanted to buy more injectors than the company provided could purchase them "with a limited purchase restriction." But the company said that no restrictions are in place now.

"The program continues to adhere to all applicable laws and regulations," the company said.